First Data, a payment technology and services company, and Capgemini a technology and outsourcing services provider, have formed a global alliance to develop new payment technology software.

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The software developed through the collaboration will utilize First Data’s VisionPLUS and AccessPLUS and third-party solutions to help clients in various sectors including financial services, retail, public sector, telecommunications and media, to grow their businesses and mitigate risk factors.

Capgemini will perform strategic roles in the alliance as a value added reseller, payment processor and managed services provider in several global markets besides becoming a holder of a developer license to offer development services and systems integration services to First Data’s VisionPLUS and AccessPLUS licensees.

The new solutions will provide enhanced servicing and channel integration, and will improve local payment solutions coverage for clients around the world.

Capgemini Financial Services CEO Thierry Delaporte said: "Coupling First Data’s comprehensive payment solutions portfolio with Capgemini’s deep technology expertise and payments industry experience (with over 100 implementations globally) enables us to provide a global, market-leading payments platform and solutions portfolio to clients."

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